With vacancy rates well below market norms and above-average rents, this office submarket in south Charlotte continues to be one of the strongest performers in the city. Second-quarter numbers from Charlotte-based Karnes Co., an office-industry analytics firm, show that the SouthPark office market is healthier than it’s been since 2009.

Tagged with: Andrew Jenkins Cassidy Turley Jones Lang LaSalle Karnes Co. Rob Cochran SouthPark

About 75 different parties showed interest in and made a move on 4500 Cameron Valley Parkway when the office building went on the market. An affiliate of Charlotte-based The Keith Corp. on July 31 ended up buying 4500 Cameron Valley Parkway for $11.89 million.

Tagged with: Cassidy Turley Rob Cochran SouthPark

It’s anyone’s guess as to what the results of the county’s 2011 revaluation of commercial properties will be. Property owners won’t receive the new values until March. In the meantime, those involved in the revaluation say it’s likely that overall ...

Tagged with: Andrew Jenkins Cassidy Turley Chuck Hicks Karnes Research Co. Rob Cochran

Some in the real estate industry are big fans of it. Others have questions and suspicions. In a new move for Mecklenburg County’s assessor’s office, commercial properties that are being reassessed for 2011 property tax values will have an income-based ...

Tagged with: Andrew Jenkins Cassidy Turley Chuck Hicks Karnes Research Co. Percival McGuire Commercial Real Estate Rob Cochran